
114- 830 Megson Terrace, Milton
Milton
$785,000
Cash flow, cap rate & mortgage breakdown
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Listed by Halton Heritage Realty Inc.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
10
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,300/mo
Estimated from market price-to-rent ratios
Remarks
Discover elevated living at 830 MEGSON TR 114, MLT ON L9T 9M7. Built in 2021, this attractive condominium offers a contemporary and convenient lifestyle across its single story. The building is powered by a geo-thermal system and solar panels, triple pane fibreglass windows and rainwater recapture means low utility costs, which makes Bronte West condos one of the first net-positive energy condominiums. The heart of this home is its open-plan kitchen, seamlessly integrating with the living room. It features stainless steel appliances and a practical granite peninsula, perfect for both meal preparation and casual dining. Not only is there a large living/dining area but a cozy den off the main entry for solitude. The residence provides two well-appointed bathrooms, one of which includes a walk-in shower, enhancing daily routines with comfort and accessibility. Residents of this community benefit from access to a park, a playground, and a fitness center, providing ample opportunities for recreation and well-being. The property also includes a dedicated laundry room and a single garage space. This condominium presents a remarkable opportunity to embrace a vibrant and comfortable lifestyle; schedule your private viewing today.
MississaugaInvestor.ca
114- 830 Megson Terrace
Condo Apartment · 2bd/2ba · ~1,300 sqft
$785,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.42%
Monthly Cash Flow
-$2,685/mo
Estimated Rent
$2,300/mo
Cash-on-Cash
-18.71%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,300 |
| Mortgage | −$3,613 |
| Property Tax | −$510 |
| Insurance | −$225 |
| Condo Fee | −$522 |
| Vacancy (5%) | −$115 |
| Cash Flow | -$2,685/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,600 |
| Vacancy (5%) | −$1,380 |
| Property Tax | −$6,123 |
| Insurance | −$2,700 |
| Condo Fee | −$6,264 |
| Annual NOI | $11,133 |
| Cap Rate | 1.42% |
Cash Required to Close
| Down Payment (20%) | $157,000 |
| Ontario Land Transfer Tax | $12,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $172,175 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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